ESPN and Turner Sports will be out of the NASCAR business after next season, according to several sources. NASCAR is planning a press conference later today to announce that Fox and NBC will share rights to the sport starting in 2015. Financial terms of NBC’s deal and its broadcast plans aren’t known, but the network had been pitching NASCAR on returning the Sprint Cup series to broadcast TV and could air races on Sunday afternoons on NBC prior to "Sunday Night Football." NBC also picked up rights to the second half of the Nationwide Series. It’s unclear if those races will be on NBC or NBC Sports Network. Read the full story in today's SportsBusiness Daily.
And the latest update from this afternoon's Closing Bell